Russia Weighs Stake Sale in $25 Billion Turkish Nuclear Plant

Russia’s state-owned nuclear power company Rosatom Corp. is in talks to sell a 49% stake in the $25 billion power plant it’s building in Turkey.

Discussions are currently underway with Turkish and foreign investors, Anton Dedusenko, chairman of the board at the Rosatom subsidiary responsible for the Akkuyu plant, told Bloomberg in an interview on the sidelines of the Nuclear Power Plants Expo & Summit in Istanbul.

“The closer we are to the first unit generating electricity, the more investors start coming,” he said.

A previous effort to sell the stake fell through in 2018 when a consortium of Turkish ...